The Kamala Harris campaign had $10.5 million in the bank as of Sept. 30.
Democratic presidential hopefuls keep dropping out of the battle for their party’s 2020 nomination, with Sen. Kamala Harris on Tuesday becoming the latest to exit.
Politicians with leftover campaign funds are barred from using the money for personal expenses, but beyond that they have a lot of options. In addition, it’s possible to spend leftover money on a different run for federal office, according to the Federal Election Commission. Former Sen. Evan Bayh did exactly that, for example. The Indiana Democrat’s unsuccessful 2016 Senate campaign made use of a $10 million war chest that he had amassed in the prior decade, before his decision not to seek re-election to his then-Senate seat in 2010.
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